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at this stage. there's a little bit of a risk on type environment at the moment. and the ten year bund yield moving a little higher. the same goes for spain, built oig and yield, as well. we were looking at the euro just bouncing a little bit against the dollar. you're heading into this morning's session, we're holding on to those gains, 127 and a bit. the dollar yen coming off by just a tad. president obama meeting with myanmar's president and opposition leader. obama saying his six hour stopover should be seen as a sign of support for myanmar's attempts at democratic reforms rather than endorsement of the country's government. meanwhile his three day trip is also aimed at reinforcing america's ties with the region. analysts say it's something china is watching very closely. deidre has more. >> the obama's administration to choose southeast asia as the president's first foreign trip since winning re-election was greeted by some with surprise. after all, there are far bigger economies in asia that warrant his attention. the strategic importance of southeast asia in the region is in full focu
process and with this going on, we will have very difficult environment for investment and growth for the euro area to go ahead. so without clarity where the euro area goes, the environment will be quite difficult. p. >> okay. thanks very much for that. now, he mentioned weakness in europe. that's extending to the u.s. we are seeing futures trying to rebond here, but again, we saw levels of decline in the range of 1.3 to 1.5 yesterday for the major bourses. this morning we're really only getting about 25 points in rebound for the dow jones industrial average. which is thousand sitting at 12,559. the nasdaq and s&p are also showing a little about the of a r rebit of a rebound, but not huge moves. investors digest the growth tigs or lack thereof. spain is trying to move to the up side adding almost 0.3%, so a little better than last time we checked in. the other three down. as we're learning about the slowing of the german economy and the ftse 100, shedding 0.4%, below the 5700 mark. now, we are seeing in the uk a little better, but broadly speaking a mixed picture. we started off s
problems would be to develop a proper base for the economy. other than the intimidating of its environment. i was a meeting this year with a group of people who describe themselves as reformers in russia. at these meetings i had said -- you want a democratic system? are you crazy? [laughter] >> another question about china -- is some level of corruption in chinese politicians inevitable? is there some level that is acceptable for the party? is the problem the [unintelligible] -- that he went above that threshold? >> i think it was primarily an attempt to achieve preeminent or eminent outside of the established patterns of progress being made within the party. because if he had succeeded, it would not change the whole structure of the party. there is no acceptable level of corruption. is some level of except -- corruption acceptable? it is not for an outsider to say. every indication is that there will be demonstrative evidence to curtail corruption. that is the big question. i think they will succeed, but it will be a rocky road. >> with the u.s. becoming increasingly self-reliant regardin
-secure environment. and we did 62 billion in the rack. if you have not had a chance to read the final assessment that occured in iraq, it is heartbreaking. the facilities that are standing empty, to say nothing of all the things that we built with those taxpayer dollars that were blown up, to say nothing of the projects that are in ruin because, frankly, an inability to maintain or sustain what we built. we are about ready to have a report like that, i believe, in afghanistan. i cannot get anyone to give me any datapoint that supports the notion that the department of the defense and even the state department, undergoing massive infrastructure projects, while we're trying to train an army, establish a police force and a rule of law, have contributed to our success. i would like your comments on that. >> i recognize an important part of my responsibilities will be to be a good steward of our resources. we discussed this issue with general allan. he has begun to review every single project to make sure it has achieved the desired effect. he has also canceled millions of dollars of projects that di
investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there are opportunities here for us as a country and if you look at the congressional budget analysts this and go to the tax committee analysis what tax reform could mean in the economic growth and all of them will lead to more growth with this corporate tax reform. estimate of the president says what he did last friday, this was fought over in the campaign and we fought over rising tax rates. jay carney said they would veto any bill that extends the current tax rate so if he insists that tax rates go out for those making over to under $50,000 will would your recommendation before the conference in the senate? >> working in to white house is i believe a president does have a veto because i like the president's comments better than jay carney's comments. i think jay carney mabey was a little behind the curve on that because look, it makes no sense to ta
whether we have to compete. you have to benchmark what your tax environment, your regulatory environment, your energy costs. the good news is in terms of getting manufacturing, we're still the world's largest market. when global investors take a look at the u.s., and canada's rate is 15% and hours is 35%, where are you going to site your plant? $1.75 trillion a year, a number that is larger than all but 80 economies in the world. it is not particularly attractive. when this administration refuses to utilize our domestic energy resources, refuses the keystone pipeline which would bring jobs and energy down to america, they reject that. that is not attractive in terms of global investment and job creation. the caller also talked about what caused the deficit then been a lot of charts and graphs dispel some myths. over four years, the total deficit was 5000 $92 billion. the taxes on the wealthy over that same time was $136 billion. all other americans was $544 billion. total cost of the bush tax cuts and the wars was about $1.30 trillion which means 75% of the deficit was caused by other sp
sway? guest: i think it does. he won as an independent. host: environment, public works are among the committee's senators sanders sits on. he was the mayor of burlington. gloria from texas. caller: good morning. can used to that chart that you showed earlier about what they would be paying in taxes? host: we will get the ready for you. did it concern you? caller: everybody is talking out devastating it will be to go over the cliff. people making under $20,000, $7.50 a week. there is only $270 a week. i didn't think the country will be devastated if those tax rates become effective. president obama did get a mandate to implement the taxes. he won over 2.9% of the popular vote. that is a greater percentage, not counting bush, who did not win the popular vote. host: this comes from the tax policy center and shows with the tax increases could be. guest: that is a significant tax increase and we have to avoid it. the president has urged and i support -- let's vote today on making sure that the bottom 98% of taxpayers in this country, people up to $250,000, we will make sure they will
environment and economic factors are making things somewhat difficult for our customers and that's why we're getting to those numbers. the stock had come in and it's going to again today. >> a lot of investors are thinking that this gigantic move and pull back appropriately to some average and was ready to blast off. look, you've got target nipping, you've got dollar tree reporting good numbers today. walmart had a great move. and now its great move i think has run its course. >> an amazing chart, if you go back to walmart stocks, the dip in the stock, it was the bryberry bottom for this quarter. i don't know if we're setting up for something better than anticipation but the head of u.s. walmart said november sales started ahead of plans. and they have got some extra sales thanks to lay away which has been a very popular program for retailers of late. >> we used to get monthly comps from all these retailers. >> those were the old days. >> i think the problem with wam mart, frankly is, the stock was acting as if it was going to put target numbers up. pets smart reported the best numbers of
energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> hard rock international is teaming up with yoko ono. and why hunger for the imagine there's no hunger campaign. horn $4.5 would million has been raised during the past five years and the president and ce off of the hard rock cafe has been very involved in this. tell us a little bit it. >> thanks for having me. this is a ram we've beprogram w running for many years. there are a billion people beneath poverty and hunger level in the world. and the program really is a program that enjoins why hunger, yoko ono and ourselves and we encourage our staff and our customers to basically provide funding around this holiday season so that we can divert the -- >> so if i eat at a cafe or one of your
that trade the bank stocks right now say low interest rate environment and no growth or low growth environmentment in 2013. reason they are not particularly optimistic. today these stocks are bouncing back. carl, they have been beaten up badly in the last couple of months. >> thanks, bob. bob pisani. send it back to head quarters and kayla. she has the market flash. >> watching diamond food. the stock tlaubled for the last year a half. down another 11% today on a downgrade from jefferies. jefferies saying there is a -- 33% more downside for this company to go. last week it restated earnings for the last two years. wipe out about $56 million in profit. they had problem was their accounting and with the payme payments. >> meantime, tensions rising in the middle east. senior official close to binyamin netanyahu is ready for ground invasion in the gaza strip but prefers diplomatic solution to that conflict. >> reporter: hello there. in fact, it is nighttime in g . gaza. the attention is shifting south of where we are. focusing more on cairo, egypt. that's where intense negotiations ar
Search Results 0 to 9 of about 10